Vice President Fund Controller

1 Seed Partners LLC (1SP) provides smaller real estate entities with investment capital in exchange for long-term general partner (GP) stakes. Through the application of a rigorous investment process to identify best-in-class real estate investments with GP economics, 1SP’s innovative structure seeks to provide investors with access to attractive small and early‑stage real estate firms diversified across sectors. 1SP is looking for a Fund Controller to oversee accounting and reporting for its commingled, open-end fund, 1SP Seeding and Strategic Capital Fund III, LP, which had its initial close in 2025.

Position Overview:

The Fund Controller will report directly to the Chief Accounting Officer (CAO) and play a crucial role in overseeing open-end fund reporting. This individual will be a key addition to our accounting and financial reporting team and company as a whole. The successful candidate will have excellent communication skills, capable of presenting complex financial data clearly and concisely to the partners and investors.

• Manage and oversee open-end fund reporting, with a strong focus on investments in underlying real estate-related firms’ funds.
• Collaborate with the CAO to ensure accurate and timely financial reporting.
• Review quarterly and annual financial statements, waterfall analysis, management fees, and other allocations.
• Calculate investment and fund level performance metrics including gross and net IRRs, time‑weighted returns, and multiples.
• Synthesize and present financial data to the partners and investors in a clear, concise manner.
• Work closely with the fund administrator on the day-to-day accounting for the fund, as well as capital calls and distributions to investors.
• Work with the fund administrator and legal team on new investor onboarding including overseeing AML/KYC.
• Work closely with the investments team to support strategic financial decisions.
• Work closely with underlying investment partners to ensure proper accounting treatment and financial reporting, as well as to ensure accuracy of capital activity between the underlying investments and our fund.
• Perform financial analysis and forward‑looking projections at the investment and fund levels.
• Work with the auditors and fund administrator during the annual audit, as well as oversee the tax preparation process with external providers.
• Work with Investor Relations team to assist with investor questions and due diligence questionnaires (DDQs)
• Ensure compliance with fund reporting regulations and standards.
• Prepare and monitor fund-level expenses and vendor payments.

• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• 7-10 years of private equity fund accounting experience.
• Extensive experience in open‑end fund reporting, ideally working within a structure that includes underlying investment or joint venture partners, and preferably in the real estate sector.
• Proven ability to communicate financial information effectively to senior management and investors.
• Strong understanding of fund accounting, financial analysis, and reporting standards.
• Ability to communicate and be an ongoing, effective liaison between, and resource for, 1 Seed Partners and its investment partners.
• Ability to work collaboratively in a team‑oriented environment.
• Attention to detail is very important.

Inquiries about this position and resumes for consideration should be directed / submitted to Shane Boyle, Chief Accounting Officer,

NOTE:

Direct applicants only, please. We are not accepting applications or resumes from third‑party recruiters or agencies.